Daily Memo: Rhetoric Vs. Reality At Commercial Aviation’s First Supplier Event
Credit: Airbus
Let the record show that not once through the whole COVID-19 pandemic did the aerospace and defense industry ever believe the long-term prospects of the sector were in doubt.
U.S. airlines narrowed their after-tax net losses to $4.2 billion in the 2021 first quarter (Q1), marking a substantial improvement from the 2020 fourth quarter (Q4), the latest data from the Bureau of Transportation Statistics shows.
Viva’s A320neos Drive International Push From Medellin Hub
Credit: Airbus
Viva’s buildup of its Medellin hub was an opportunity the airline identified before the pandemic, and as the Colombian LCC adds more Airbus A320neos, the possibilities to leverage that hub continue to grow.
A temporary schedule has been put in place on some of the routes previously served by collapsed carrier Stobart Air, which operated regional flights in the UK and Ireland on behalf of Aer Lingus.
Boeing Services Business Eyes Steady Growth, Not Lofty Target
Credit: Sean Broderick / Aviation Week
Boeing is targeting annual growth rates of 5-10% in its services business with digital platforms both leading the way and getting the “lion’s share” of investment near-term and top-line growth taking a back seat to prudent investments, the company’s top executive said.
Lufthansa Plans 747, A350 Operations To Meet Mallorca Demand
Credit: Rob Finlayson
Lufthansa plans to operate Boeing 747s, its biggest aircraft, on flights from Frankfurt to Palma de Mallorca, Spain to meet demand for the popular vacation destination.
CFM Unveils ‘Open Fan’ Demonstrator Plan For Next-Gen Engine
Credit: CFM
CFM International joint venture partners GE Aviation and Safran have launched an aggressive technology development program to pave the way for a new generation of fuel-efficient unducted—or open fan—engines to enter service around the mid-2030s.
Europe Approves Travel Rules Aimed At Helping Summer Recovery
Credit: European Union
The European Union has given the green light to new rules aimed at helping the travel and tourism sectors recover from the COVID-19 crisis over the key summer vacation season, approving new measures set to come into force July 1 which include the EU Digital COVID Certificate.
Singapore Funds Airport Staff Working Under COVID Restrictions
Credit: Chang
SINGAPORE—The Civil Aviation Authority of Singapore (CAAS) and Changi Airport Group (CAG) have set aside S$15 million ($11.3 million) to help around 5,000 airport workers after Changi Airport was put into a special zone following the detection of coronavirus cases.
U.S. airlines narrowed their after-tax net losses to $4.2 billion in Q1 of 2021, IAG carriers take on abandoned Stobart Air routes and more. Take a look at the daily roundup of air transport news.
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